Category Archives: Bullion

All About The Type Two American Silver Eagle

Sometimes, even the classics need a makeover. That’s why the American mint decided to give the iconic Eagle line of coins a refresh. Designed by Emily Dastra, the updated obverse and reverse sides of Type Two American Eagle coins are sporting a new look featuring some familiar faces. Read on to learn more about the update! Type Two American Silver Eagle Security Changes Being America’s favorite coin comes with its challenges. Everyone wants them, so the market is ripe for counterfeiters. The newest update seeks to change that by adding an anti-counterfeit measure in the form of a notch at the six o’clock position sculpted into the die collar on the reverse side, interrupting the reading. Some may argue that this doesn’t seem like much of an anti-counterfeit measure but keep in mind this is one of many new measures. U.S. Mint officials are not disclosing other anti-counterfeiting enhancements that have been introduced to avoid tipping off counterfeiters. Type Two Design Changes Now that we’ve gotten the technical part out of the way, we can move on to the exciting design changes for the Type Two American Eagles. First, coin lovers will notice that there’s a completely new eagle design. Damstra designed an eagle with wings fully stretched, just coming out of flight. The design replaces John Mercantis’ heraldic eagle. According to Coinweek, the eagle is landing at a nest just out of frame. Damstra chose this motif because eagles are her favorite representation of the U.S. A bald eagle, which has graced countless past American coins, had never before appeared on a U.S. coin in the dynamic way it is depicted on the new design. She reviewed past eagle designs on our coins before reaching that conclusion. Type Two American Eagles are a wonderful new way to add to your coin collection. Dallas Gold & Silver Exchange has them in stock, ready for cash and carry. The Bullion Desk of Dallas Gold & Silver Exchange is available to answer any questions you may have. Call us at (469)-722-5800 or email us at [email protected].

All About Canadian Gold Maple Leafs

Canadian Gold Maple Leafs

Buying gold is a great way to diversify your portfolio. If you’re just starting, it’s easy to get overwhelmed with all the different options. Gold bullion coins are a great place to start. Different countries, governments, and mints worldwide create various official bullion coins. For example, the U.S. mints the American Gold Eagle. Our neighbors to the North mint Canadian Gold Maple Leafs. About the Canadian Gold Maple Introduced in 1979, the Canadian Gold Maple Leaf is a legal tender in Canada with a face value of 50 Canadian dollars. It’s issued annually by the Canadian Government and produced by the Royal Canadian Mint. The obverse design features the profile of Queen Elizabeth II, and the reverse side features (you guessed it) a Maple leaf. Canadian Gold Maples are also traded based on the market value of gold. Firstly, as with other gold coins, the market value varies depending on the spot price of gold. Secondly, it’s among the purest official bullion coins in the world, with some having a .9999 (four nines) or .99999 (five nines) millesimal fineness. However, the purer the gold, the softer the coin. Keep this in mind since the Gold Maple is more prone to handling marks. Canadian Gold Maples are an appealing option for first-time buyers because the newer coins are harder to counterfeit. In 2013 and 2015, new security features, such as a laser-micro-engraved textured maple leaf, were introduced to combat fakes. History of the Canadian Gold Maple The coin was introduced in 1979, at a time when the only other official gold bullion coin on the market was the South African Krugerrand. The economy was booming for gold (thanks to the Nixon shock), which inspired other governments to take action and mint their gold coins, with the Royal Canadian Mint being the first. The Krugerrand also became harder to get when South Africa’s apartheid system resulted in economic sanctions from Western powers. Gold Maples By the Year Years Denominations Purity Obverse 1979 – 1982 1 oz. .999 39-year-old Queen November 1982 – 1985 1 oz., 1/4 oz., 1/10 oz. .9999 39-year-old Queen 1986 – 1989 1 oz., 1/2 oz., 1/4 oz., 1/10 oz. .9999 39-year-old Queen 1990 – 1992 1 oz., 1/2 oz. 1/4 oz., 1/10 oz. .9999 64-year-old Queen 1993 1 oz., 1/2 oz. 1/4 oz., 1/10 oz., 1/20 oz. .9999 64-year-old Queen 1994 1 oz., 1/2 oz. 1/4 oz., 1/10 oz., 1/15 oz., 1/20 oz. .9999 64-year-old Queen 1995 – 2004 1 oz., 1/2 oz., 1/4 oz., 1/10 oz., 1/20 oz. .9999 64-year-old Queen 2005 – 2013 1 oz., 1/2 oz., 1/4 oz., 1/10 oz., 1/20 oz. .9999 79-year-old Queen 2014 – present 1 oz., 1/2 oz., 1/4 oz., 1/10 oz., 1/20 oz., 1 gram .9999 79-year-old Queen Source: https://en.wikipedia.org/wiki/Canadian_Gold_Maple_Leaf The Canadian Gold Maple Leaf makes for a compelling investment if you’re looking to grow your gold collection. It’s among the most popular coins in the world — therefore, you can’t go wrong. Visit Dallas Gold & Silver Exchange for a huge selection of authentic gold coins.

Selling Your Jewelry: Places to Avoid

Person selling their gold and silver jewelry

Selling your jewelry is all about getting the best deal. To get the most out of your unwanted jewelry, you need to know what the jewelry is worth and where you should and should not sell it. If you’re not careful about where you choose to sell it, you may end up losing a lot of money. Here are a few places to avoid when selling your jewelry: Online Yes, that means websites like eBay, Craigslist, and Facebook Marketplace that tend to look for rock-bottom prices. It is easy to get caught up in the promising offers and ease of selling online, but it is very difficult to know if you are getting an accurate or even fair amount for your valuables. Not to mention, placing your gold in the mail to a non-reputable seller is a move you don’t want to make. Cash for Gold Scams People rely on places like this for some quick cash, but are often disappointed with the results. Today conducted an experiment to see how accurate gold buying companies are by selling 450 dollars worth of gold to 10 different buyers. The closest offer was $393.36 (sellyourgold.com), however, the offers quickly plummeted. Cash4Gold offered a mere $76.89 for the gold, and hardgoldcash.com offered an insulting $38.25, only 8% of the gold’s real market value. They went on to shop their gold back from these places. The prices were over $300. If you mail in gold and aren’t happy with the check, immediately request your gold be returned. Pawn Shops Pawn shops are a common choice for quick cash, but it can be difficult for consumers to get the best values — especially for jewelry. Sometimes you can negotiate with shop owners to get a better deal. Even so, pawn shops are likely to pay just 30%-60% of the item’s estimated value. No matter which type of store you choose, you should get at least three estimates — and more for high-value items. At Dallas Gold and Silver Exchange, we’re public, trustworthy, and we offer a fast and easy selling process. We pay top dollar for North Texans’ gold, silver, jewelry, rare coins and have hundreds of positive reviews.

All About American Gold Eagles

American Gold Eagle Coins. Obverse and reverse sides showing. Sparkling gold.

The American Gold Eagle, a popular gold bullion coin among avid gold investors, is a fascinating coin with a rich history. Read on to learn more about the history and design of this popular coin and your guide to buying it. Why Invest in Gold? Gold can be a great way to diversify your investment portfolio. The spot price rises and falls in response to world events that might cause the value of paper investments, such as stocks and bonds, to decline. Gold can also provide financial stability during economic turmoil. If you’d like to begin investing in gold, there’s no better place to start than the American Gold Eagle coin. History of American Gold Eagles The American Gold Eagle is an official gold bullion coin of the United States, authorized under the Gold Bullion Coin Act of 1985. The Act was finalized under President Ronald Reagan. As an official U.S. coin, it has become one of the world’s most popular gold bullion coins. Legally, Gold Eagles must be produced from gold sourced in the U.S. and alloyed with silver and copper to produce a more wear-resistant coin of 22-karat gold. In fact, according to the U.S. Money Reserve,  “American Gold Eagles are among the only bullion coins whose weight, content, and purity are guaranteed by the U.S. Mint, making this family of coins a popular choice for discerning gold owners.” American Gold Eagles have face values issued in U.S. dollars and come in four different denominations: 1 oz – $50 1/2 oz – $25 1/4 oz – $10 1/10 oz – $5 As the spot price of gold fluctuates, so does the price of American Gold Eagles. Design of Gold Eagles The current Gold Eagles’ obverse design features a rendition of Augustus Saint-Gaudens’ full-length figure of Lady Liberty holding a torch and an olive branch. The reverse side, designed by Miley Busiek in 1986, features a family of eagles (for now)! Recently, the U.S. Mint announced that the American Gold Eagle is getting a makeover. Come 2021, the “vintage” reverse sides featuring the family of eagles will change. According to Coinweek, this is both a symbolic and necessary change — necessary to avoid counterfeiting and symbolic to represent the 35th anniversary of the American Eagle bullion program. American Silver Eagles will be getting a fresh new design, as well. Buying Gold Eagles Whether you’re a first-time gold-buyer or an experienced investor, the American Gold Eagle is a great option. The Bullion Desk of Dallas Gold & Silver Exchange is available to answer any questions you may have. Call us at (469)-722-5800 or email us at [email protected].

Are You Tidying Up Marie Kondo Style?

Marie Kondo Folding Clothes

Over the past few years, the Marie Kondo method of tidying up has exploded in popularity across America. The Japanese tidying guru, as a result of her wildly popular book and Netflix series, has a method that is convincing (typically materialistic) Americans to get rid of dust-gathering junk like never before. If you’re unfamiliar with the Marie Kondo method of tidying up, here’s a simplified explanation: the first steps involve going through your home, category by category, and placing all of your belongings in the center of the space. You then pick up each item, consider it and ask yourself, “does this item spark joy?” If the answer is yes, you keep the item since it makes you happy. If the answer is no, the item is either discarded, donated or sold. Simple as that! Of course, Marie Kondo has methods for keeping your space tidy by folding and organizing, but the real magic happens when you face the challenge of getting rid of the clutter that doesn’t spark joy. There’s a reason the Marie Kondo method is so popular — it feels great to purge old junk cluttering up your home! At Dallas Gold & Silver Exchange, we want to help you tidy up AND make some cash at the same time by buying any gold, silver, fine jewelry or bullion that may be sitting stagnant in your home! How do I tidy up with Dallas Gold & Silver Exchange? Marie Kondo recommends going through your clutter by category, beginning with clothing and ending with mementos. Depending on if you have nostalgia associated with your items made of fine metals, you can organize them in either category. If your chosen items no longer spark joy, bring them to Dallas Gold & Silver Exchange for a fair price estimate. If you decide to sell your items to us, we’ll give you cash on the spot! It’s a win-win for you and your wallet. Why tidy up with Dallas Gold & Silver Exchange? We have an A+ rating from the Better Business Bureau, so you can be 100% sure you’re getting the best price for your items. Our experts know everything there is to know about gold, silver, bullion and diamonds. The price of gold and silver fluctuates, so check out our tracker before you come in. If you’re not sure how much you should be selling for, feel free to shop around and get multiple estimates for your items. If someone else gives you a better deal, we’ll match it. So, are you ready to tidy up and clear out some of those family heirlooms or fine metal goods you never use? Bring them on in to Dallas Gold & Silver Exchange for cash today!

Is It Time To Get Bullish About Bullion?

Barrons Magazine Cover

There are plenty of opinions about whether this is the right time to buy gold, which is down about 35 percent from its 2011 peak and has resisted predictions of a comeback. Barron’s, the business magazine, checks in this week in with a long, balanced examination of pros and cons, and comes down on the plus side. “U.S. stocks are at record levels exactly at a time when global stress—trade tensions, populist nationalism, and the like—appears to be growing,” writes Andrew Bary. “This may be an opportune moment for investors to shift at least a portion of their portfolios to gold: both the metal and depressed mining shares.” Read the cover story – headlined “Gold Is Cheap. Inflation Is Coming. You Do the Math” –  here, and decide for yourself.